The government and the Reserve Bank of India have signed an agreement on Monetary Policy Framework whereby the government has set a target for RBI to bring down inflation below six per cent by January 2016. The Agreement, which was signed on February 20 but made public yesterday, veers round to RBI...

Finance Minister Arun Jaitley has said that Indian economy needs to grow at 9 to 10 per cent and sustain it over the next decade and beyond, to provide better infrastructure and bring down poverty. Responding to queries during a seminar at Columbia University in US yesterday, the Finance...

Growth of the country's eight core sector industries slowed to a 13-month low of 1.8 percent in January this year. The core sector industries had expanded by 3.7 per cent in January last year. According to data released by the Commerce and Industry Ministry, crude oil production declin...